Apple Stores Will Offer Carrier Financing For iPhones [Report]

In what may be viewed as yet another move by Apple to drive up iPhone sales through its own brick and mortar stores a new report claims that the company’s retail stores will soon offer customers carrier financing for the iPhone. The report says that Apple is tentatively planning to roll out this pilot program in the US on Wednesday, August 20th.

It is important to mention here that Apple has not officially confirmed the existence of this program so its possible that the roll out may be delayed by a few days if the company decides to change some things at the last moment.

9to5mac claims to have seen several slides from an internal Apple employee training material which reveals what carrier financing plans will be offered to customers. As per the slides the financing option will be available on Verizon Edge, AT&T Next and T-Mobile Jump. Even if customers purchase the device using a financing plan they will have to pay sales tax on the full price of the iPhone. All plans offer different time periods and rates to pay off the device’s cost.

Interestingly there’s no mention of Sprint as yet. Perhaps we’ll see the carrier included in this program as well when it finally goes live. Apple hasn’t confirmed this but we’ll be sure to let you know when it does.